MRK trade ideas
MRK @ daily @ highest H/L-Range (dow shares) while 2017This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
drive.google.com
4XSetUps for next week - friday close (DOW 30 Index & all shares)
Best regards :)
Aaron
MRK @ daily @ BreakedUp mostly (30 dow shares) while last weekThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Downs (Dow Jones Index incl. all shares)
drive.google.com
Best regards :)
Aaron
Channel + Doji + Exhaustion GapEntered MRK with Feb17 60 Calls. Buy Low sell high. Playing what looks to be an exhaustion gap doji at the bottom of a channel
Trigger: 1.30
Stop: .85
Target: 2.92
R:R: 3:1
I expect a bounce or a gap up in next couple days. If it does not come I will look to exit aggressively because these setups usually work fast if identified correctly.
MRK... one more advance Multiple reasons making MRK is so attractive to buy stock or option calls. Elliott wave count show that iv wave in undergo and not yet overlapped with wave i. Other reason is the price puased at 38% fibo. Third reason the EMA 70 is hold price from falling. I am in in call option and when wave iv overlapped with wave i I will sell my position. Remember I am short-term trading. Good luck
Dogs of the DOW - One Year Entrance – MRKThe current Dogs are: CVX, CAT, VZ, PFE, CSCO, IBM, BA, MRK, INTC, XOM. Take a look at each one of those names on a DAILY CHART. Set only ONE Exponential moving average on the chart. Just one. Nothing else. A 33 Exponential Moving Average, offset by 3. As soon as you get a Daily Close of any of those stocks, above that 33 Exponential moving average, buy the stock, and hold it for the year, up to February 24th, 2017. That's it, that's the entire strategy.
Once bought, FORGET THE EMA's, as the link to the article that explains the strategy points out. CVX is waiting. CAT IS A BUY. VZ is a buy. PFE is one to wait for. CSCO, you buy. IBM is a buy. BA is one to wait for. MRK is one to wait for.